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Here’s Why Blockchain Companies Are Moving Away From ICOs

ICOs have gotten a bad name. And given the fact that we’re constantly hearing about scams and illicit dealings, it isn’t hard to see why. Then there are the well-intentioned ideas that don’t make it to the first line of code, and the omnipresent threat of the SEC hovering like a black cloud.

The ground is starting to shift, and many blockchain companies are moving away from ICOs and toward regulated security token offerings, otherwise known as STOs.

Darren Marble, CEO of CrowdfundX, a fintech company that markets Reg A+ IPOs and compliant ICOs (most notably KodakCoin), has a few words of advice on the subject.